Muhammed Babangida, son of former Nigerian military president, General Ibrahim Badamasi Babangida (rtd), has formally declined his recent appointment by President Bola Ahmed Tinubu as Chairman of the Bank of Agriculture.
In a letter dated July 21, 2025, and addressed to the President, Babangida expressed profound appreciation for the honour bestowed on him but stated that personal and professional considerations would not allow him to serve the role effectively.
“It is a true privilege to be thought worthy of such a strategic role in advancing the nation’s agricultural and economic development,” he wrote. “After careful reflection and consultation, I have decided, with utmost respect, to decline the appointment.”
The letter, which was signed and made public, emphasized Babangida’s continued support for the administration of President Tinubu and his commitment to contributing to national development through other avenues.
“I remain fully committed to the vision of a prosperous and self-sufficient Nigeria under your leadership. I continue to hold your administration in the highest regard and stand ready to support national development in other ways where my expertise may be of service,” he added.

The decision is seen by many observers as a significant gesture of personal principle, especially given the strategic importance of the Bank of Agriculture in the current administration’s economic diversification agenda.
As of the time of filing this report, the presidency has not issued a formal reaction to the declined appointment.